Eike Batista

$10.60 B

Ranked #100 in World

About Eike Batista

Eike Batista, a Brazilian-German entrepreneur born on November 3, 1956, experienced a dramatic rise and fall in the mining, oil, and gas sectors. As the former chairman of EBX Group, with companies listed on the São Paulo stock market, Batista's fortune peaked at $35 billion in 2012, making him the world's seventh richest person. However, by July 2013, his net worth had dwindled to $200 million due to debts and declining stock values. Batista's early career was marked by innovative ventures in gold and diamond trading, leading to significant contributions to Brazil's mining industry. Despite his business acumen, Batista was sentenced to 30 years in prison for bribing ex-Rio de Janeiro governor Sérgio Cabral, highlighting a tumultuous journey from wealth to legal woes.

Born

November 03, 1956 in Governador Valadares, Minas Gerais, Brazil

Age

69 years

Source Of Wealth

Mining, Oil

Industries

Energy

Citizenship

Brazil

Residence

Rio de Janeiro

Education

Drop Out, RWTH Aachen University

Spouse

Luma de Oliveira (Married: 1991; Divorced: 2004)

Children

Parent

Eliezer Batista da Silva (father), Jutta Fuhrken (mother)

Eike Batista, a Brazilian-German serial entrepreneur, was born on November 3, 1956, in Brazil. He is the son of Eliezer Batista, a former Minister of Mines and Energy in Brazil. During his teenage years, Batista moved to Europe with his family due to his father's occupation. He studied metallurgical engineering at the University of Aachen in Germany.

Eike Batista: Family

Batista was married to model Luma de Oliveira from 1991 to 2004. They had two sons together, Olin and Thor. After his divorce, Batista dated businesswoman Flávia Sampaio and had a third son named Balder in 2013.

Eike Batista: Career Highlights

Batista started his career selling insurance policies door-to-door at the age of 18. He returned to Brazil in the early 1980s and focused on gold and diamond trades. At the age of 23, he established a gold trading firm called Autram Aurem. Batista implemented the first mechanized alluvial gold mining plant in the Amazon and became CEO of TVX Gold, a company listed on the Montreal Stock Exchange. He created $20 billion in value with the operation of eight gold mines in Brazil and Canada, and a silver mine in Chile.

Eike Batista: Companies

Batista was the former chairman of EBX Group, which had five companies traded on the São Paulo stock market. These companies included MMX (mining), MPX (energy), OGX (petroleum), LLX (logistics), and OSX (offshore industry).

Eike Batista: Major Achievements

Batista achieved significant success in the mining, oil, and gas industries. He created and put into operation eight gold mines, a silver mine, and three iron ore mines in Brazil and Chile. Batista also invested heavily in infrastructure projects, including the LLX Açu Superport, MMX Sudeste Superport, and MPX thermal power plants.

Eike Batista: Awards & Achievements

Batista's accomplishments earned him recognition and accolades. He was listed as the 8th richest person in the world and the richest in Brazil by Forbes magazine in 2011.

Bloomberg Markets magazine featured him as the only Brazilian on the list of 50 most influential people in global finance. The same magazine ranked him as the 58th most powerful person in the world in 2010. Folha de São Paulo newspaper described Batista as a "self-made man," and Época and IstoÉ magazines ranked him among the 100 most influential men in Brazil.

Eike Batista: Personal Life & Legacy

Batista enjoys running, swimming, and marine sports. He holds several world records in powerboat racing and maintains an active digital life with a personal website and Twitter account. In 2011, he released a book titled "The Heart of the Matter."

Eike Batista: Trivia

Batista's net worth reached $35 billion in early 2012, making him the seventh wealthiest person in the world. However, his net worth plummeted to $200 million by July 2013 due to debts and falling stock prices. In January 2017, Brazilian authorities issued a detention order for Batista as part of Operation Car Wash, a money laundering investigation. He was detained in a maximum security prison but later released pending trial. In July 2018, Batista was convicted of bribing former Rio de Janeiro governor Sergio Cabral and sentenced to 30 years in prison, with an expected appeal from his lawyer.

Wealth History

Timeline

November 3, 1956

Eike Batista is born in Brazil.

Early 1980s

Eike Batista returns to Brazil and focuses on gold and diamond trades.

1991

Eike Batista marries model Luma de Oliveira.

2004

Eike Batista and Luma de Oliveira divorce.

2010

Eike Batista is ranked as the 58th most powerful person in the world by Bloomberg Markets magazine.

2011

Eike Batista is listed as the 8th richest person in the world and the richest in Brazil by Forbes magazine.

2012

Eike Batista's net worth reaches $35 billion, making him the seventh wealthiest person in the world.

2013

Eike Batista's net worth plummets to $200 million due to debts and falling stock prices.

October 2013

Eike Batista declares bankruptcy for OGX and renames it "Óleo e Gás Participações."

January 2017

Brazilian authorities issue a detention order for Eike Batista as part of Operation Car Wash, a money laundering investigation.

July 2018

Eike Batista is convicted of bribing former Rio de Janeiro governor Sergio Cabral.

Present

Eike Batista is currently under arrest and sentenced to 30 years in prison for bribing former Rio de Janeiro governor Sérgio Cabral.

Eike Batista : FAQs

What is Eike Batista's net worth?

As of 2013, Eike Batista's net worth was $10.60 billion.

What are Eike Batista's main sources of wealth?

Eike Batista's main source of income comes from Mining, Oil.

In which industry does Eike Batista primarily operate?

Eike Batista is primarily involved in the Energy industry.

What is Eike Batista educational background?

Eike Batista is a dropout from RWTH Aachen University.

How old is Eike Batista?

Eike Batista is 69 years old.

How many children does Eike Batista have?

Eike Batista has 2 children.

Who is Eike Batista and what industries did he invest in?

Eike Batista is a Brazilian-German serial entrepreneur who made and lost a multi-billion dollar fortune in the mining, oil, and gas industries. He was the former chairman of EBX Group, which had five companies traded on the São Paulo stock market.

What are some key milestones in Eike Batista's early career?

In his early career, Eike Batista sold insurance policies door-to-door, returned to Brazil to focus on gold and diamond trades, established a gold trading firm called Autram Aurem, and became CEO of TVX Gold, creating significant value with operations in gold and silver mines.

How has Eike Batista contributed to Brazil's infrastructure?

Eike Batista invested heavily in infrastructure projects including the LLX Açu Superport, MMX Sudeste Superport, and MPX thermal power plants. He also established companies across various sectors such as mining (MMX), energy (MPX), petroleum (OGX), logistics (LLX), and offshore industry (OSX).

What were the consequences of Eike Batista's legal issues?

Eike Batista was arrested and sentenced to 30 years in prison for bribing former Rio de Janeiro governor Sérgio Cabral as part of Operation Car Wash, a money laundering investigation. His conviction marked a significant downfall from being one of the world's wealthiest individuals.